Economic goals and values

Alex Preston

Economic goals interference with eachother

Economic freedom is being able to make choices about which goods and services to produce and distribute without government interference or intervention is an economic goal. This freedom allows entrepreneurs to take risks and make choices to start various businesses and Economic Equity is a fair distribution of wealth. Apportionment appears to be similar. The choice by citizen/consumer on which opportunities they will participate with. These two economic goals will always bump heads because you can't have economic freedom and still have everyone make the same amount. If you want economic equity the government will have to step in, interfering with the other economic goal which is economic freedom.

U.K's economic values vs. Afghanistan's

The United Kingdom highly values their education. This is evident by the number of years they expect from a student in education. They expect 16.2 years a drastic difference from developing countries. A few statistics to back this claim up is the U.K has a population of 67,000,000 and the literacy rate is still 100%. The U.K also values their citizen's security. There are only 1 in every 100,000 people who commit homicide and 45 out of 1 million annually will lose their homes to a natural disaster. These statistics are the norm for most developed countries. Afghanistan, on the other hand, is a developing country, so their economic values are going to be different than world super power the United Kingdom. Afghanistan expects their citizens to have an education of 9.2 years and the number of years an average student will complete is 3.2. Of the 32,000,000 people that live in Afghanistan, the adult literacy rate is only 31.7%. Their citizens security is not very good. There are 7 homicides out of every 100,000 that is 7 times more than the U.K, and there are 161.3 people annually who lose their homes to a natural disaster. The U.K., a developed country, and Afghanistan, a developing country, have significant differences of economic values.